Speaker 1: Live from the Bloomberg Interactive Brooker Studios. This is Bloomberg
Speaker 1: Daybreak for Friday, April late. Coming up this hour, economic
Speaker 1: pressure ratchets up on Russia. We are live in Europe
Speaker 1: with the latest. Jenny Yellens, pushed for a global tax agreement,
Speaker 1: suffers a setback. The war hits food supply as prices
Speaker 1: surged at the fastest pace ever, and Elon Muska is
Speaker 1: said to address the staff at Twitter after taking a
Speaker 1: stake in the company. New York lawmakers struck a two
Speaker 1: hundred twenty billion dollar budget deal. Plus today President Bike
Speaker 1: will celebrate future Supreme Court Justice Jackson. Michael barn Or Ahead,
Speaker 1: I'm John stashdown and swords the season opening win for
Speaker 1: the met the big win for the Rangers, and they'll
Speaker 1: play the second round of the Masters today. That's all
Speaker 1: stready ahead on Bloomberg Daybreak on Bloomberg eleven three on
Speaker 1: New York, Bloomberg N one, Washington, d C, Bloomberg one
Speaker 1: oh six one, Boston, Bloomberg nine sixty, San Francisco, Sirius
Speaker 1: x AM one nineteen and around the world on Bloomberg
Speaker 1: Radio dot com and via the Bloomberg Business Act and
Speaker 1: good Friday morning. I'm Nathan Hagar and I'm Karen Moscow,
Speaker 1: and US futures are higher to end the week. We're
Speaker 1: coming up to five o one on Wall Street, and
Speaker 1: we check the markets every fifteen minutes throughout the trading day.
Speaker 1: On Bloomberg SMP futures of eleven points down, futures up
Speaker 1: ninety six, nasdack futures up forty three, The dacks in
Speaker 1: Germany's at one point one percent ten. Your treasury down
Speaker 1: six thirty seconds, yield two point six eight percent, and
Speaker 1: the yield on the two year two point five one percent,
Speaker 1: and Nimex screwed oil is up half percent. Nathan, all right, Karen,
Speaker 1: we'll have more on the markets in a minute. First,
Speaker 1: we need to bring you the latest on the war.
Speaker 1: Ukraine now says dozens have been killed this morning in
Speaker 1: a Russian attack on a railway station. Meantime, the United
Speaker 1: Nations General Assembly has voted to suspend Russia from the
Speaker 1: Human Rights Council. And that's just the first step. Bloomberg
Speaker 1: Z Baxter reports. Secretary of State Antony Blanken says exactly
Speaker 1: the right move. When US Ambassador the UN Linda Thomas
Speaker 1: Greenfield says the body must proceed with investigation and punishment.
Speaker 1: It's about the credibility of the U n Right now,
Speaker 1: the world is looking to us. They're asking if the
Speaker 1: United Nations is prepared to meet this moment. Greenfield calls
Speaker 1: it an historic moment with work left to be done.
Speaker 1: In San Francisco, i'mad Baxter Bloomberg daybreak, All right, and
Speaker 1: thank you For the first time, the European Union has
Speaker 1: now targeted Russia's crucial energy revenues. And we go live
Speaker 1: to London and get the latest with Bloomberg's UN pads.
Speaker 1: Good morning, UN, Good morning counter Nathan Cole. Imports from
Speaker 1: Russia are to be banned. That's the agreement reached by
Speaker 1: the twenty seven nations of the European Union. It's a
Speaker 1: significant move for the region which remains reliance on fossil
Speaker 1: fuels from Moscow. The block's fifth sanctions package, which also
Speaker 1: includes a ban on most Russian trucks and ships from
Speaker 1: entering the European Union. As the blocking oil and gas
Speaker 1: from Russia, well, that is an altogether more difficult proposition.
Speaker 1: Live in London, i'mmun Pults break to say the least,
Speaker 1: thank you you and Many analysts believe energy sanctions, though,
Speaker 1: will put more pressure on Vladimir Putin. Haggar Shamali is
Speaker 1: a former policy advisor in the Treasury Department Sanctions Division.
Speaker 1: The language he understands the most is the threat of
Speaker 1: military force, and so I don't want to equate the
Speaker 1: threat of sanctions to the threat of military force when
Speaker 1: it comes to changing his behavior and compelling him to
Speaker 1: negotiate um. But it helps further the pressure and it
Speaker 1: helps most importantly limit his ability to finance his violence machine.
Speaker 1: Former Treasury Department advisor Hagar Shamali was a guest on
Speaker 1: Bloomberg Sound On Catch the program weekdays at five pm
Speaker 1: Eastern on Bloomberg Radio. Meantime, Nathan, the war in Ukraine
Speaker 1: is having a major impact on the cost of food.
Speaker 1: Global food prices are surging at the fastest pace ever,
Speaker 1: as the war Reeks have on supply chains in the
Speaker 1: Black Sea region that send food prices to a record
Speaker 1: with the United Nations Index of World Costs oring thirteen
Speaker 1: last There's more economic news this morning, Karen Is. Several
Speaker 1: Fed officials wigh and on policy. St. Louis President Jim
Speaker 1: Bullard says he favors raising interest rates sharply to counter
Speaker 1: the highest inflation in four decades. This Taylor rule calculation
Speaker 1: is telling us that where we should be in a
Speaker 1: minimal under minimal assumptions, very generous assumptions. It's saying it
Speaker 1: should be a three and a half percent, where we
Speaker 1: actually only one third of one percent or thirty seven
Speaker 1: and a half basis points. So you're too low by
Speaker 1: about three basis points. St. Louis FED President Jim Bullard
Speaker 1: is suggesting he backs a half percentage point half h
Speaker 1: percentage point hike in May. However, Atlanta's Raphael Bostick supports
Speaker 1: increases more in line with the path laid out by
Speaker 1: the Fed's projections or dot plot. I think it's fully
Speaker 1: appropriate that we move our policy uh closer to a
Speaker 1: neutral position, but I think we need to do it
Speaker 1: in a measured way. Atlanta FED President Raphael Bostick is
Speaker 1: a voter this year on the rate setting f o
Speaker 1: MC meantime, N and FED meetings could see some new
Speaker 1: faces on the way. Senate Banking Chairman Sheared Brown says
Speaker 1: he expects votes by the full Chamber on President Biden's
Speaker 1: for FED board nominees later this month to get the
Speaker 1: details from Bloomberg's Charley Pillett. He thinks that will happen
Speaker 1: after the Senate's two week break, The Ohio Democrats said.
Speaker 1: He also hopes Biden will have nominated a new vice
Speaker 1: chair of Supervision by then. Brown said he expects Lisa Cook,
Speaker 1: a pick for Fed Governor or Lele Brainerd nominated as
Speaker 1: vice chair, to be the first to be confirmed. Republicans
Speaker 1: have lined up in opposition to Cook, but four Republicans
Speaker 1: back Brainerd in the Banking Committee in New York. Charlie
Speaker 1: Bloomberg day Break. All right, Charlie, thank you. At the
Speaker 1: Treasury Department this morning, there's a a parents set back
Speaker 1: for Janet Yellin's pushed for a global tax agreement. Let's
Speaker 1: get the latest on that life from Bloomberg's John Tucker. John,
Speaker 1: and it looks like big business is not backing the plan, Nathan.
Speaker 1: Executives at eight major US based multinational corporations interviewed by
Speaker 1: Bloomberg said that far too much remains unknown about the deal.
Speaker 1: Treasure Secretary Yelling is counting on their support, which could
Speaker 1: be critical to help win passage in Congress. The corporate
Speaker 1: leaders agree the ground baking global deal yelling secured last
Speaker 1: year could deliver important benefits by helping to reduce disputes
Speaker 1: and prevent trade wars, but they also called the plan
Speaker 1: overly complex. Live in New York on John Tucker Bloomberg Daybreak.
Speaker 1: All right, John, thank you all. Turning to corporate news. Now,
Speaker 1: it's all about Twitter again this morning. Just days after
Speaker 1: announcing a stake in the company, Elon Musk is reportedly
Speaker 1: set to address the staff, and we get the details
Speaker 1: live from Bloomberg's Ranida Young. Good morning, Nia, Good morning Karen.
Speaker 1: Twitter is planning to host Elon Musk for a Q
Speaker 1: and A session with employees. That's according to a company
Speaker 1: messages obtained by The Washington Post, which say they are
Speaker 1: internal outcries over Musk's appointment to Twitter's board of directors.
Speaker 1: Town Hall meetings like this are not new to Silicon Valley,
Speaker 1: but it's rare to host a board member at one.
Speaker 1: Twitter is hoping to calm any anxiety workers have about
Speaker 1: Musk's impact and company culture by giving them the chance
Speaker 1: to ask him anything. Live in New York. I'm really
Speaker 1: need a Young Bloomberg day Break, All right, We need
Speaker 1: to thank S. S and P. Futures up eight point,
Speaker 1: staff futures up eight five. Nastact futures higher by thirty
Speaker 1: one points. Straight ahead, your latest local headlines and a
Speaker 1: check of sports. This is Bloomberg and South five oh
Speaker 1: seven on Wall Street. We're fifty one degrees in Central Park.
Speaker 1: We got an accident on the cross prose To Expressway
Speaker 1: west bound by the Sheridan. The tails coming up in traffic. First.
Speaker 1: Michael Barr with laur on what's going on in New
Speaker 1: York and around the world. Happy Friday, Michael, Happy Friday
Speaker 1: to you, Nathan. New York Governor Kathy Hokel and legislative
Speaker 1: leaders struck a two hundred forty billion dollar budget deal
Speaker 1: that promises a little less pain at the gas bump,
Speaker 1: help for working parents, and new tax breaks. It is
Speaker 1: balanced and appairs a bold vision with a fiscally responsible approach.
Speaker 1: Very important to me. We are making historic investment that
Speaker 1: will make different people's lives right now, but also more importantly,
Speaker 1: these are legacy achievements to be noted for years to come.
Speaker 1: Governor Hokel says the budget is buoyed by more than
Speaker 1: twenty six billion dollars in pandemic recovery money and higher
Speaker 1: than anticipated tax collections. The Democratic leaders agreed to forego
Speaker 1: one d sixty two million dollars in revenue by accelerating
Speaker 1: a scheduled reduction in personal income tax rates. They also
Speaker 1: decided on a two point two billion dollar homeowner tax rebate,
Speaker 1: six months suspension of the state's fuel tax, and a
Speaker 1: two hundred eighty seven million dollar child tax credit. Manhattan
Speaker 1: District Attorney Alvin Bragg says a criminal investigation and the
Speaker 1: former President Donald Trump and his business practices is continuing
Speaker 1: despite a recent shake up in the Probes leadership. It
Speaker 1: was part of a double dose of bad legal news
Speaker 1: for Trump. New York Attorney General Letitia James also asked
Speaker 1: a court to hold Trump in contempt and find them
Speaker 1: ten thousand dollars per day for failing to comply with
Speaker 1: the subpoena for documents in her ongoing civil investigation. Trump
Speaker 1: slam James as an operative for the Democrat Party President
Speaker 1: Joe Biden. Today was celebrate the confirmation of Judge Ktanji
Speaker 1: Brown Jackson to the Supreme Court. Vice President Kamala Harris
Speaker 1: said she was honored to preside over the Senate for
Speaker 1: yesterday's confirmation. Vote. The Senate approved Judge Jackson in a
Speaker 1: fifty three to forty seven vote, making her the first
Speaker 1: black woman to serve as a Supreme Court justice. What
Speaker 1: a glorious day in the evening, it is what Aday
Speaker 1: Vice President Harras spoke about the vote during an event
Speaker 1: at the National Art Gallery last night. One person who
Speaker 1: can't be at today's celebration is how speaker Nancy Pelosi.
Speaker 1: She tested positive for COVID yesterday. Global News twenty four
Speaker 1: hours a day on air and on Bloomberg Quick Take,
Speaker 1: powered by more than twenty seven hundred journalists analyst more
Speaker 1: than a hundred twenty countries. Michael Barrn this is Bloomberg, Nathan. Alright, Michael,
Speaker 1: thank you on coming up to five ten on Wall
Speaker 1: Street time for the Bluebird Sports Update to Morning John
Speaker 1: stash Our, Morning Nathan. Since nineteen seven, Mets we won
Speaker 1: the World Series once. For what they have done over
Speaker 1: the last fifty three years is be dominant on opening
Speaker 1: day and incredible record of forty and thirteen. It was
Speaker 1: five to one in Washington, Tyler McGill's surprise opening day
Speaker 1: starter five scoreless innings. Eight of the nine Mets starters
Speaker 1: at hits. Robinson Canoe, Pete Alonso, and Mark Canna all
Speaker 1: had two hits tonight In d C. It's Max scherz
Speaker 1: Or his Mets debut, will face his little team with
Speaker 1: the Skies now clear, Yankees and Red Sox set to
Speaker 1: open the season today at the Stadium. Garrett Cole versus
Speaker 1: Nathan of All the also this afternoon. Round two of
Speaker 1: the Masters Tiger Woods has a late tea time that
Speaker 1: gives him a chance to recover from his first competitive
Speaker 1: round in a year and a half. It was a
Speaker 1: very impressive one for Taggery one under Parlar seveny one
Speaker 1: is to play this golf course and to do what
Speaker 1: I did today, to make the hit the shuts in
Speaker 1: the right spot title and I know where to hit
Speaker 1: it to a lot of these pins and I'm missing
Speaker 1: the correct spots and give myself good angles. And I
Speaker 1: did that all day and I was able to make
Speaker 1: a few cuts and end up in the red like
Speaker 1: I am right now. Year old Korean Sunjay Im shot
Speaker 1: sixty seven's got a one shot lead on the Austin
Speaker 1: Cameron Smith Hourly updates on Bloomberg Radio. The Master's Tonight
Speaker 1: wrap up show at eleven if the NHL season ended out,
Speaker 1: the Rangelers would play Pittsburgh in the opening round. They
Speaker 1: have met the Penguins three times over the last two weeks,
Speaker 1: and one all three. It was three nothing at the
Speaker 1: Garden with Engors historic and making thirty saves for his
Speaker 1: fourth shutout. Persons January Devil has lost in Montreal seven
Speaker 1: to four. Final weekend of the NBA regular season. The
Speaker 1: Knicks closed out tonight in Washington and then Sunday versus Toronto.
Speaker 1: Nets have home games Tomorrow and Sunday against Cleveland and Indian.
Speaker 1: John Statue, Bloomberg Sports, Okay, John, Thanks, want to pass
Speaker 1: along a couple of red headlines related to the war
Speaker 1: in Ukraine that just across the Bloomberg terminal. Japan's Prime
Speaker 1: minister says his country will ban Russian coal imports, and
Speaker 1: the UK has just added the daughters of Vladimir Putin
Speaker 1: and Russian farm minister Sergey Lavroff to its sanctions list.
Speaker 1: More are on the US response to the war next
Speaker 1: with Bloomberg Government's Emily Wilkins Bloomberg eleven three oh weather
Speaker 1: A mix of sun and clouds today, chance for a shower,
Speaker 1: low sixties for highs will be in the upper fifties
Speaker 1: with a chance for a shower tomorrow mix of sun
Speaker 1: and clouds low fifties on Sunday right now forty nine degrees. Markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot Com, The Bloomberg Business Atland at Bloomberg Quicktake,
Speaker 1: this is a Bloomberg Business Flash and I'm Karen Moscow.
Speaker 1: Stocks are ending the week on a positive note, with
Speaker 1: European equities snapping two days of decline sparked by the
Speaker 1: federal reserves plan for aggressive monetary policy tightening. We checked
Speaker 1: the markets every fifteen minutes throughout the trading day on
Speaker 1: Bloomberg SMP futures are higher up ten points down, Future
Speaker 1: is up ninety four, NAZAC futures up thirty eight. The
Speaker 1: decks in Germany's at point to percent pen Your treasury
Speaker 1: down six thirty seconds, held two point six eight percent.
Speaker 1: They yield down the two year two point five one percent.
Speaker 1: Ni Max Screwed oil is up eight tens percent or
Speaker 1: seventy seven cents at ninety six dollars. Seventy eight cents
Speaker 1: of barrel. Comic School is down a tenth of upper
Speaker 1: cent or two dollars twenty cent at nineteen thirty five
Speaker 1: sixty announced the euro one point eight seven three against
Speaker 1: the dollar. British found one point three zero four zero,
Speaker 1: and they yet at one twenty four point one zero
Speaker 1: and Bitcoin this morning it is higher, up four tens
Speaker 1: percent at forty three thousand, seven hundred seventy dollars. That's
Speaker 1: a Bloomberg Business flashow. Here's Michael Barr with more on
Speaker 1: what's going on around the world. Unchel, Good morning, Good morning, Karen.
Speaker 1: The UN General Assembly builded to suspend Russia from the
Speaker 1: organization's leading human rights body over allegations of atrocities in Ukraine. Meanwhile,
Speaker 1: European Union countries agreed demand coal imports from Russia. President
Speaker 1: Biden will hold a ceremony today for Katangi Brown Jackson,
Speaker 1: who was confirmed to the Supreme Court yesterday. In golf,
Speaker 1: had the Master's Sunday m leads the field after round
Speaker 1: one with five under. Tiger Woods is four shots back
Speaker 1: from the lead. Stay tuned for updates every hour on
Speaker 1: Bloomberg Radio and a special edition of Masters Tonight coming
Speaker 1: up at eleven pm. Eastern Major League Baseball, the MAT's
Speaker 1: beat the Nationals five one and their opener. The Yankees
Speaker 1: host the Red Sox today after yesterday's schedule to open
Speaker 1: it was postponed because of rain. In the NHL, the
Speaker 1: Rangers won the Devil's Lost. Global News twenty four hours
Speaker 1: a day on air and on Bloomberg Quicktake, powered by
Speaker 1: more than twenty seven hundred journalist and analysts in more
Speaker 1: than one d twenty countries. Michael Barr and this is Bloomberg. Nathan. Okay, Michael. Thanks,
Speaker 1: It's five nineteen on Wall Street Live from the Bloomberg
Speaker 1: Interactive Broker Studios. This is Bloomberg Daybreak. And Emily Wilkins
Speaker 1: joins us now a Bloomberg government reporter from our Bloomberg
Speaker 1: studios in the nation's capital, as we continue to follow
Speaker 1: developments of the war in Ukraine. Emily, good morning, along
Speaker 1: with the reported atrocities in northern Ukraine. Now we're just
Speaker 1: getting this report from Ukraine officials in the Dunettes region
Speaker 1: saying that maybe thirty civilians were killed by Russian shelling
Speaker 1: at a railway station where people were trying to evacuate.
Speaker 1: If there was any sense that Russia is concerned about
Speaker 1: feeling like a pariah country after all the response from
Speaker 1: the rest of the world. It does not seem like
Speaker 1: that's the case now if this is confirmed. I mean,
Speaker 1: there's definitely a lot of concern, particularly with these new
Speaker 1: reports that we are hearing come out just really that
Speaker 1: give the scope of of what has happened um in
Speaker 1: Ukraine at this point, um and we're trying to get
Speaker 1: a really sort of a sense of exactly how the
Speaker 1: war is shifting, of course um at and what else
Speaker 1: is needed to be done. Obviously, there was some optimism
Speaker 1: I think last week when it seemed like negotiations had
Speaker 1: made some sort of progress, but it's clear at this
Speaker 1: point it seems that Russia has simply regrouped and refocused
Speaker 1: its forces more in the east and less on the
Speaker 1: area of Kiev. Of the US and other countries are
Speaker 1: still trying to figure out ways to put additional pressure
Speaker 1: on putin UH with additional Russian sanctions. You saw the
Speaker 1: Senate and the House a move very quickly yesterday passing
Speaker 1: two bills, one that would ban UH ban Russian imports
Speaker 1: of oil to the US and another one that would
Speaker 1: end a permanent normal trade relations status between the US
Speaker 1: and Russia. Now those bills, they say had gotten held
Speaker 1: up a little bit over some concerns from Senator Rampaul
Speaker 1: who says that aspects about being Russian being punished for
Speaker 1: humanitarian abuses was not specific enough um at what that
Speaker 1: would be done. But they did come to an agreement.
Speaker 1: They were able to pass that legislation, both bills. Every
Speaker 1: single Senator voted for them, and they got overwhelming support
Speaker 1: in the House. And we know more legislation is coming.
Speaker 1: We're seeing lawmakers continue to say that there's a need
Speaker 1: to correct out on Putin, to find other things with sanctions,
Speaker 1: and I know that President Biden is also urging his
Speaker 1: European allies to find ways to remove themselves from Russian oil,
Speaker 1: which is certainly much harder in Russias in Europe rather
Speaker 1: than in the US. But something the US is trying
Speaker 1: to find a way to help their allies with. I mean,
Speaker 1: that's really the key here, isn't it. The idea that
Speaker 1: Europe needs to wean itself more from Russian oil and gas.
Speaker 1: I mean, even when you see a unanimous Senate, something
Speaker 1: you hardly ever seen these days. Uh, the US focus
Speaker 1: on Russian trade, is it nearly as as important as
Speaker 1: it is in Europe? Right? Yes, I mean, there's definitely
Speaker 1: there's there's an importance, and there's also a lot of
Speaker 1: I mean, just in terms of backing up Ukraine, there
Speaker 1: is a lot of support that you're seeing within the US.
Speaker 1: It's still bipartisan, it's still very strong. So what are
Speaker 1: you gonna be looking for in the days to come?
Speaker 1: I mean, what further pressure can the US put on Russia?
Speaker 1: What further support can the US provide to Ukraine in
Speaker 1: terms of weapons and humanitarian aid? Those are all really
Speaker 1: good questions, Nathan, and we have seen additional calls from
Speaker 1: Ukraine for additional weapons, things that are a little more
Speaker 1: heftier than what the US has been currently providing in
Speaker 1: terms of force. One thing that we've definitely heard from
Speaker 1: a number of experts really is that what Putin is
Speaker 1: responding to right now is not sanctions, but Putin is
Speaker 1: responding to force, and so there is a need for
Speaker 1: more more military equipment, more missiles, more weapons, more tanks
Speaker 1: on the ground, and that's certainly something the US is
Speaker 1: looking into, as well as humanitarian aid. What is going
Speaker 1: to happen with the refugees, What is going to happen,
Speaker 1: What is the future of cities that have been almost
Speaker 1: completely destroyed like mariupol Um. And we don't know. Congress
Speaker 1: is out for the next two weeks, so we're not
Speaker 1: expecting to see a lot of action from them at
Speaker 1: this time, but we know that there is additional legislation
Speaker 1: that would just continue sanctions on Putin and on those
Speaker 1: and Putin's inner circle. Alright, Bloomberg Government reporter Emily Wilkins
Speaker 1: with us from Washington, EC will be checking back with
Speaker 1: you later on in the program. With so much more
Speaker 1: going on, even with Congress heading into this two week recess,
Speaker 1: we've had history made in terms of the Supreme Court,
Speaker 1: and of course, UH got a bit of a COVID
Speaker 1: outbreak happening in the nation's capital as well. So we'll
Speaker 1: be checking back with Emily in the next hour for
Speaker 1: more on what's happening in the nation's capital. Looking ahead
Speaker 1: to the market open on Wall Street, we're seeing some
Speaker 1: gains for futures right now, with SMP futures up ten points,
Speaker 1: staff futures up eighty nine, NASTAC futures are higher by
Speaker 1: forty three points ten your treasuries down five thirty seconds
Speaker 1: the old two point six seven percent yield on the
Speaker 1: two year two point five one, nime X screwed up
Speaker 1: a little more than one percent up a dollar one
Speaker 1: oh four barrel, and uh comics gold right now down
Speaker 1: to ten percent to ninety six even announced straight ahead
Speaker 1: a setback for a global tax deal. And to be
Speaker 1: a fly on the wall today at Twitter your top
Speaker 1: stories of the morning. Just to head on Bloomberg Daybreak.
Speaker 1: Good morning, Bloomberg eleven three oh weather. Chance for a
Speaker 1: shower today, otherwise it mikes of sun in clouds, low
Speaker 1: sixties to win the week partly Sunday tomorrow another chance
Speaker 1: for a shower upper fifties. Makes of sun in clouds
Speaker 1: low fifties on Sunday right now forty nine in Central Park,
Speaker 1: Broadcasting live from the Bloomberg Interactive Broker Studio in New York.
Speaker 1: Bloomberg E Living Free to Washington, d C, Bloomberg ninety
Speaker 1: nine one to Boston, Bloomberg What on six one to
Speaker 1: San Francisco, Bloomberg nine sixteen to the country, Sirius XM
Speaker 1: to the one nine ten, and around the globe the
Speaker 1: Bloomberg Business app in Bloomberg Radio dot com. This is
Speaker 1: Bloomberg Daybreak. It's five thirty on Wall Street good morning.
Speaker 1: I'm Nathan Hagar and I'm Teren Moscow. We're just about
Speaker 1: four hours away from the open of US trading. Let's
Speaker 1: get you up to date on the news you need
Speaker 1: to know at this hour. Ukraine says dozens have been
Speaker 1: killed in a Russian attack on a railway station. Meantime,
Speaker 1: the UN General Assembly is voted to suspend Russia from
Speaker 1: the Human Rights Council. US Ambassador Linda Thomas Greenfield let
Speaker 1: us continue to hold Russia accountable for this unprovoked, unjust,
Speaker 1: unconscionable war, and to do everything in our power to
Speaker 1: stand with the people of Ukraine. Ambassador Linda Thomas Greenfield says,
Speaker 1: it's a collective step in the right direction. We meantime
Speaker 1: caring for the first time, the European Union's targeting Russia's
Speaker 1: crucial energy reserves. The Block has agreed to ban Russian
Speaker 1: coal imports. It's also banning most Russian trucks and ships
Speaker 1: from entering the EU. Meantime, the war in Ukraine is
Speaker 1: having a major impact on the cost of food. Global
Speaker 1: food prices are surging at the fastest pace ever has
Speaker 1: The war raks havoc on supply chains. The United Nations
Speaker 1: index of world costs or thirteen percent last month. At
Speaker 1: the Treasury Department. This morning, there's an appearance setback for
Speaker 1: Janet Yellen. We're told big businesses pushing back at her
Speaker 1: plans for a global tax agreement. Let's get the details
Speaker 1: live from Bloomberg's John Tucker John Nathan Transury Secretary yelling
Speaker 1: counting on the support of corporate America for her global
Speaker 1: tax deal to win passage in Congress, but big business
Speaker 1: nowhere close to backing the plan. Executives at eight major
Speaker 1: US based multinational corporations interview blind Bloomberg say far too
Speaker 1: much remains unknown about it. Most of the executives says
Speaker 1: some version of the deal could eventually pass, but not
Speaker 1: on its current timeline. Live in New York on John Tucker, Bloomberg, Gabriak.
Speaker 1: All right, John, thank you all. Turning to corporate news now,
Speaker 1: it's all about Twitter again this morning. Just days after
Speaker 1: announcing a stake in the company, Elon Musk is reportedly
Speaker 1: set to address the staff, and we get the details
Speaker 1: live from Bloomberg's Real Need a Young Good Morning, Ready down,
Speaker 1: Good morning, Karen. Twitter is planning to host Elon Musk
Speaker 1: for a Q and a session with employees. That's according
Speaker 1: to company messages obtained by The Washington Post, which says
Speaker 1: there are internal outcries over Musk's appointment to Twitter's board
Speaker 1: of directors. Town hall meetings like this. They're not new
Speaker 1: to Silicon Valley, but it's rare to host a board
Speaker 1: member at one. Twitter is hoping to calm any anxiety
Speaker 1: workers have about Musk's impact on company culture. Live in
Speaker 1: New York, I'm rened to young Bloomberg debris. All right,
Speaker 1: we need to thank you. In futures this morning on
Speaker 1: the rise, SNP Future is up about ten points down
Speaker 1: Future is up ninety NASTAC Futures up forty and a
Speaker 1: ten year treasury down five thirty seconds yield two point
Speaker 1: six seven percent. They yield on the two year two
Speaker 1: point five one per cent. And straight ahead your latest
Speaker 1: local headlines plus a check of sports, and this is Bloomberg.
Speaker 1: Thanks King on Wall Street nine degrees in Central Park.
Speaker 1: We've got accident clean up in South Brunswick. It's got
Speaker 1: Root one closed both ways at New Road. Tails coming
Speaker 1: up in traffic First, Michael Barr with more on what's
Speaker 1: going on in New York and around the world, Michael,
Speaker 1: thank you very much, Nathan. New York Governor Kathy Hogol
Speaker 1: has announced what she calls a conceptual agreement with legislators
Speaker 1: on a two twenty billion dollars state Hocal says New
Speaker 1: York will to build billions of dollars to help families
Speaker 1: pay for childcare, boost healthcare worker wages, and temporarily cut
Speaker 1: state gasoline taxes. I said that this moment is a
Speaker 1: once in a generation opportunity to not just bring relief
Speaker 1: to families and put more money in people's pockets, but
Speaker 1: also make historic investments in our people and on our state.
Speaker 1: Governor huncle The budget was due April first, but has
Speaker 1: been held up by the last minute policy and spending disagreements.
Speaker 1: Federal workers will face renewed priceure to get COVID nineteen
Speaker 1: shots or risk losing their jobs. Under a court ruling,
Speaker 1: the Federal Appeals Court told a trial judge the throwout
Speaker 1: a challenge the President Joe Biden's vaccine mandate covering two
Speaker 1: point one million US government civilian employees. The judge in
Speaker 1: Texas had previously blocked the presidential order nationwide. Today, President
Speaker 1: Biden will celebrate the confirmation of Judge Katangi Brown Jackson
Speaker 1: as the first black woman to reach the Supreme Court.
Speaker 1: Vice President Kamala Harris said she was honored to preside
Speaker 1: over the Senate for Thursday's vote confirming Jackson. The Senate
Speaker 1: approved Judge Jackson on a fifty three to seven vote.
Speaker 1: We continue to witness history. Vice President Harris spoke during
Speaker 1: an event at the National Art Gallery last night. Space
Speaker 1: Access scheduled to head this morning to the International Space
Speaker 1: Station with its first all private astronaut crew, organized by
Speaker 1: Axiom Space. It's a startup building a commercial space station
Speaker 1: to replace the current one, which is expected to be
Speaker 1: decommissioned by the end of the decade. Bird flu has
Speaker 1: been detected in a northern Indiana duck farm. State officials
Speaker 1: say it marks the disease is spread to a third
Speaker 1: poultry species. Global News twenty four hours a day on
Speaker 1: air and on Bloomberg Quicktake, powered by more than twenty
Speaker 1: seven hundred journalist and analysts more than a hundred twenty countries.
Speaker 1: Michael Barr, this is Bloomberg, Nathan. Thanks Michael. Five on
Speaker 1: Wall Street Time for the Bloomberg Sports Update with John Senshaw, Alrie,
Speaker 1: Nathan Mets scenes, an opener pushed back a week due
Speaker 1: to the lockout and then pushed back three hours through
Speaker 1: the rain in Washington, and they waited another hour after that.
Speaker 1: Worth the way a five o one Mets victory and
Speaker 1: Buck show Walters first game as manager. Who needs Jacob
Speaker 1: de Graham and Max Scherzer when you have Tyler McGill.
Speaker 1: He was terrific. Five scoreless sittings, the Mets broke through
Speaker 1: with two runs in the fifth, got run scoring hits
Speaker 1: from Mark Canna and Jeff McNeil. In the sixth inning,
Speaker 1: another from Francisco then door in the seventh. NAT's got
Speaker 1: only a Juan Soto home runoff Trevor May and the sixth.
Speaker 1: The Mets are forty and thirteen on opening Day since
Speaker 1: nineteen seventy. Shurtzer goes tonight his Mets debut against his
Speaker 1: old team. Yankees and Red Sox have their rain delaid
Speaker 1: opener this afternoon in the Bronx at the Garden. The
Speaker 1: Rangers shutout Pets Pittsburgh three nothing. Thirty says for Igor,
Speaker 1: says Thirk. In the Rangers forty six win, they moved
Speaker 1: six points ahead of the Penguins and anamally two behind
Speaker 1: first place Carolina Rangers seven teen and one at home
Speaker 1: when they store the first goal. Opening around the Masters,
Speaker 1: the twenty four year old Korean Sunjay M shot sixty
Speaker 1: seven leads the Austine Cameron Smith by one shot. Dustin Johnson,
Speaker 1: we won the green jacket two years ago, trails by
Speaker 1: two Tiger Woods in twenty three Masters five victories, only
Speaker 1: twice has broken seventy of the opening round. He had
Speaker 1: a seventy one, which is remarkable considering the injuries and
Speaker 1: the long layoff. Tiger then gave a forecast or what's
Speaker 1: ahead right, Dust and we got a long way to gold.
Speaker 1: This golf course is gonna change dramatically. Um. Cooler, dryer, windier. Um.
Speaker 1: You can hear the sub arizon out there. So uh,
Speaker 1: this colf course is gonna change, and it's gonna get
Speaker 1: a lot more difficult round to today. Our early update too.
Speaker 1: On Bloomberg Radio when the Master's Tonight Show, John stash
Speaker 1: Award Bloomberg Sports nathm sounds fun. Thanks John seven On
Speaker 1: Wall Street Time for the Tri State Business Report. Here
Speaker 1: Sploomberg's head Corey to Go drinks. The pandemic era lifeline
Speaker 1: for many New York City restaurants will as soon to
Speaker 1: be part of the state's new normal, but the terms
Speaker 1: outlined in a budget built Thursday, come with a hatch.
Speaker 1: Customers will have to buy some food to go along
Speaker 1: with it. The terms are part of legislation unveiled on Thursday.
Speaker 1: A Manhattan apartment building on the Upper West Side, formerly
Speaker 1: branded Trump Place, sold for two hundred sixty six million dollars.
Speaker 1: New York based department investor A and E Real Estate
Speaker 1: purchased the tower at one forty Riverside Boulevard from Sam's
Speaker 1: El's Equity Residential. According to a person familiar with the matter,
Speaker 1: American Airlines is hired a bus company to carry passengers
Speaker 1: between Philadelphia and a couple of nearby airports. The service
Speaker 1: will start Tune third between Philadelphia International and airports in
Speaker 1: Atlantic City and Allentown, Pennsylvania. It'll operate the service with
Speaker 1: a company called Landline That you Bloomberg try State Business Report.
Speaker 1: I'm Ed Corey. Thanks on Wall Street. Bloomberg Radio is
Speaker 1: on the air from San Francisco to New York, London
Speaker 1: to Hong Kong. Let's check in with our global news
Speaker 1: team for some of the top stories heard on our
Speaker 1: three hundred affiliate radio stations around the world. I'm Steve
Speaker 1: Polist and on ten ten Wins in New York. We're
Speaker 1: talking about how remote work appears to be making the
Speaker 1: white collar work day longer and longer. I'm Corney's Donaho
Speaker 1: on kfydan omahaw Global food prices are surging at the
Speaker 1: fastest pace ever on the Ukraine War time Genus Servetti
Speaker 1: and for w BBM in Chicago, I'm reporting that some
Speaker 1: United Airline workers who sued over a COVID vaccine mandate
Speaker 1: say the company is breaking promises when it comes to
Speaker 1: workers getting their old jobs back. I'm Caroline head Killed, BlueBag,
Speaker 1: d ap Dish, Javid lives it with a pushing old poet,
Speaker 1: Johnson welcoming the jumb and chosen Eno Schultz talks on Ukraine.
Speaker 1: I'm Ad Corri on w w J in Detroit. Time
Speaker 1: reporting health insurance pre approvals will becoming faster in Michigan.
Speaker 1: And those are some of the stories our twenty sudd
Speaker 1: Bloomberg journalists and analysts are working on this morning around
Speaker 1: the world. It's five thirty nine on Wall Street. The
Speaker 1: following is an editorial from Bloomberg opinion. This editorial was
Speaker 1: written by the Bloomberg Editorial Board. Rim scenes of devastation
Speaker 1: in Ukraine have made one thing clear. Europe must end
Speaker 1: its reliance on Russian fossil fuels as soon as possible.
Speaker 1: It's a tall order, to be sure, but the consensus
Speaker 1: among the European Unions twenty seven member states is moving
Speaker 1: in the right direction. A proposal has been aired to
Speaker 1: embargo Russian coal, and discussions are underway to do the
Speaker 1: same with oil, reducing Russian gas imports, although more contentious
Speaker 1: should also be on the table. Meanwhile, the build out
Speaker 1: of new liquefied natural gas terminals to accept shipments from
Speaker 1: other countries should be paired with a strong push to
Speaker 1: boost renewable energy across the continent. Europeans have rightly been
Speaker 1: eager to show solidarity with Ukraine. They can do so
Speaker 1: by refusing to fund Russia's war machine. This editorial was
Speaker 1: written by the Bloomberg Editorial Board. For more Bloomberg opinion,
Speaker 1: please go to bloom dot com, slash opinion or opie
Speaker 1: I n go on the Bloomberg terminal. This has been
Speaker 1: Bloomberg opinion and you can hear Bloomberg opinion editorials every weekday.
Speaker 1: At this time, terminal customers can read more at ope
Speaker 1: I n GO Futures moving higher. You're listening to Bloomberg
Speaker 1: Day Break Bloomberg eleven three oh weather sun and clouds today,
Speaker 1: chance for a shower, low sixties for high is partly sunny.
Speaker 1: Another shower possible tomorrow up for fifties. Mix of sun
Speaker 1: and clouds and low fifties on Sunday. Is the current temperature. Markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot com. The Bloomberg Business at end at Bloomberg Quicktape.
Speaker 1: This is a Bloomberg Business flash and I'm Karen Moscow
Speaker 1: stocks ending the week on a positive note, but the
Speaker 1: European equity snapping two days of the lines sparked by
Speaker 1: the federal reserves plan for aggressive monetary policy tightening, and
Speaker 1: US knock index futures on the rise. We check the
Speaker 1: markets every fifteen minutes throughout the trading day on Bloomberg.
Speaker 1: Guess and P futures have nine points this morning. Down
Speaker 1: Future is up eighty nine, Nastack futures up thirties six.
Speaker 1: The decks in Germany is up one and a third percent.
Speaker 1: So is the cat in Paris. The foot See one
Speaker 1: had rid up one percent. Nik to twenty five in
Speaker 1: Japan gained a third of a percent, and the Hanks
Speaker 1: Sang in Hong Kong was up three tenths of a
Speaker 1: percent ten. Your treasury down four thirty seconds, held two
Speaker 1: point six seven percent yield on the two year two
Speaker 1: point five one percent. Nine x screwe oil is up
Speaker 1: one point one percent of a dollar six and nineties
Speaker 1: seven dollars ninth cents of barrel comex Scholl down about
Speaker 1: two tenths per cent, or two dollars ninety cents and
Speaker 1: one thousand, nine hundred thirty five dollars announced. The euro
Speaker 1: one point oh eight seven one against the dollar, British
Speaker 1: found one point three zero four seven and the end
Speaker 1: is at one twenty four point oh eight. Bitcoin this
Speaker 1: morning is on the rise, up a tenth of a
Speaker 1: percent at forty three gausand dollars. That's a Bloomberg business flash.
Speaker 1: Now here's Nuchael bar with Moore and what's going on
Speaker 1: around the world. Michael Karen, thank you very much. Russia
Speaker 1: is giving its take on its recent pullback from positions
Speaker 1: around Kiev in the Ukraine, President Putin Just pokesman Dmitri
Speaker 1: Peskoff told Sky News the troops were really withdrawn from
Speaker 1: the regions as an act of goodwill during the negotiations
Speaker 1: between the two delegations. He also acknowledged that Russia suffered
Speaker 1: a significant loss of troops in Ukraine. The US Congress
Speaker 1: voted overwhelmingly district Russia's normal trade status with the US
Speaker 1: and band imports of its gas oil and coal. In
Speaker 1: golf at The Master's Son, Jay m leads the field
Speaker 1: after round one with five under. Tiger Woods has four
Speaker 1: shots back from the lead round two today. Stay tuned
Speaker 1: for updates every hour on Bloomberg Radio and a special
Speaker 1: edition of Master's Tonight coming up at eleven pm Eastern.
Speaker 1: Major League Baseball The Man to Be the Nationals five one.
Speaker 1: The Yankees host the Red Sox today after yesterday's scheduled
Speaker 1: opener was postponed because of rain. In the NHL, the
Speaker 1: Rangers won The Devil's Lost. Global News twenty four hours
Speaker 1: a day on here and on Bloomberg Quicktake, powered by
Speaker 1: more than journalists analysts more than twenty countries. Michael barn
Speaker 1: This is Bloomberg, Karen Hery, Michael Thank you. It is
Speaker 1: forty nine on Wall Street. Time for the Bloomberg Law Report,
Speaker 1: brought to you by American Arbitration Association. Business disputes are inevitable,
Speaker 1: resolve faster with the American Arbitration Association, the global leader
Speaker 1: in alternative dispute resolution for over ninety years. More at
Speaker 1: a dr dot org. Now, let's get to the legal
Speaker 1: stories we're watching this morning. From Bloomberg's Jeff Bellinger. David
Speaker 1: Wiolens withdrawing his name from consideration for the role of
Speaker 1: the nation's chief wage hour regulator after his nomination was
Speaker 1: defeated in the Senate. A federal judge in California freed
Speaker 1: Alphabet and its directors from a holder lawsuit claiming that
Speaker 1: they failed to oversee compliance with a federal children's privacy law.
Speaker 1: Owners of Chrysler PACIFICA plug in hybrid minivans are proposing
Speaker 1: a class action against f c A. The plaintiffs claim
Speaker 1: they overpaid for vehicles that are fired around explosion prone
Speaker 1: Bloomberg Law everything you need, all on one legal research platform,
Speaker 1: including guidance analysis and Bloomberg Market Intelligence. Find out more
Speaker 1: at Bloomberg Law dot com. Okay, Jeff, thanks, it's coming
Speaker 1: up to five fifty one on Wall Street. We are
Speaker 1: live from the Bloomberg Interactive Broker's studios and you're listening
Speaker 1: to Bloomberg day Break. Good morning, I'm Nathan Hagar. Let's
Speaker 1: take a look at this market now as we get
Speaker 1: you set for a Friday morning STI Dweck is with
Speaker 1: US now, chief investment officer at Flow Bank on a
Speaker 1: morning STI where we're looking for some gains, particularly strong
Speaker 1: surge this morning in European stocks, as Karen mentioned earlier,
Speaker 1: after two days of declines on the FED. But given
Speaker 1: what's happening with the war in Ukraine, is there still
Speaker 1: a chance that we could see some negative moves for
Speaker 1: markets depending on how the war develops. Good morning. For sure,
Speaker 1: we've seen that the war headlines are having less of
Speaker 1: an overall impact on markets, but punctually you can still
Speaker 1: have that impact on certain regions, especially on Europe. But
Speaker 1: I think the doublish surprise that you had from the
Speaker 1: e c B yesterday where they did re emphasize that
Speaker 1: they think inflation is going to cool and they have
Speaker 1: a much bigger growth concern than than in the US,
Speaker 1: I think that probably for now, at least carrying over
Speaker 1: and hopefully will outweigh the war headlines, just because we've
Speaker 1: gone back and forth on those uh many many times
Speaker 1: and it shouldn't be such a surprise that they're not
Speaker 1: as positive as one might have thought or talk about
Speaker 1: the inflation outlook for the US. Here we're starting to
Speaker 1: hear from some analysts that we may have hit peak inflation.
Speaker 1: Is that what you're seeing here? And what impacts could
Speaker 1: the FED have? Well, we're starting to see whether we
Speaker 1: are at peak or close to peak. We've been saying
Speaker 1: that for a few months, and of course we we
Speaker 1: keep getting these upside surprises. UM. I do think that
Speaker 1: inflation is gradually going to abate. And when you take
Speaker 1: a step back and think of what's driving inflation, you
Speaker 1: kind of have this triple problem for the FED. You
Speaker 1: have the supply driven inflation that are due to the
Speaker 1: supply chain disruptions and that again was or is still
Speaker 1: I guess transitory is a tough word to use, but
Speaker 1: just a much longer transition period because of China zero
Speaker 1: COVID policy, because we've continued to have on and off lockdown,
Speaker 1: so that is improving but slowly. Then you have the
Speaker 1: war related if I can use that term inflation, which
Speaker 1: is food and energy prices that are obviously soaring. Uh,
Speaker 1: probably haven't seen the end of that entirely coming through.
Speaker 1: And on that really on both of the first you
Speaker 1: really don't think the FED rate hikes are going to
Speaker 1: have that much of an impact on their Where they
Speaker 1: could have more of an impact is on the wage side,
Speaker 1: which we are seeing rising again, which is a concern
Speaker 1: for the FED because that's what could stay entrenched for longer.
Speaker 1: And so you have a FED that's really trying to
Speaker 1: re anchor those medium to long term inflation expectations. They're
Speaker 1: trying to bring these seven eight percent numbers back down
Speaker 1: hopefully into the end of the year, we're back towards
Speaker 1: four or five, down towards three for next year. Um.
Speaker 1: But that it's it's going to be a very tricky
Speaker 1: balancing act because this soft landing is very difficult to achieve. Yeah,
Speaker 1: to say the least, how aggressively do you think the
Speaker 1: FED is going to move against inflation? Of course, you've
Speaker 1: heard the talk about perhaps a fifty basis point hike
Speaker 1: at next month's meeting and perhaps in subsequent meetings as well.
Speaker 1: Do you think the FED will go that hard. I
Speaker 1: think it's a very high probability for May in the
Speaker 1: sense that the market is pretty much absorbed it and
Speaker 1: accepted it UH to some extent and um and that
Speaker 1: should allow the Fed to just get a little extra in.
Speaker 1: They're trying to frontload it a bit. I do still
Speaker 1: think they're going to have to pause at some point
Speaker 1: in the second half of the year. They're not going
Speaker 1: to be able to continue just keep hiking. We're already
Speaker 1: seeing the FED fund future start to pricing rate cuts
Speaker 1: at the end of So how aggressively do you want
Speaker 1: to hike if a year later you might have to
Speaker 1: be cutting. So May probably fifty. Whether they try to
Speaker 1: get one more fifty in the in Q two or
Speaker 1: I'd say June July is possible, maybe a little less likely,
Speaker 1: But I don't see hikes at every meeting. And to
Speaker 1: the end of the year. Do you see the more
Speaker 1: aggressive stance if it does pan out from the Fed
Speaker 1: having an impact on stock valuations. At this point, we're
Speaker 1: already pricing in so many rate hikes that it's difficult
Speaker 1: to say the market isn't pricing it in. We had
Speaker 1: a surprise this week where the markets saw Leo Brenner's
Speaker 1: comments as being more hawkish in terms of the balance sheet,
Speaker 1: and we had an impact there, But from a rate
Speaker 1: hike perspective, it's difficult to price in much more than
Speaker 1: what's already in the market. So you can have again
Speaker 1: you're gonna have a very big meeting in May, more
Speaker 1: news on the balance sheet. That can have a choppy
Speaker 1: and even a painful second quarter for stocks. Beyond that,
Speaker 1: I think things should improve. And on the valuation side,
Speaker 1: we've already seen quite a big correction because of these
Speaker 1: rate hike expectations and just because the markets had a
Speaker 1: tough start to the year, and that should improve into
Speaker 1: the end of year as well. And of course, before
Speaker 1: the main meeting, we have earning season kicking off in
Speaker 1: Earnest next week with the big banks starting things off.
Speaker 1: What's your expectation for earnings? You mentioned wage pressures. Is
Speaker 1: that going to affect margins? I probably only not yet.
Speaker 1: I don't think anyone's expecting a stellar first quarter earnings result. Um,
Speaker 1: we're gonna start with the banks, so we're gonna see
Speaker 1: a little bit what the consumers looking like, see how
Speaker 1: how the outlook pans out for the year, which should
Speaker 1: probably be a little bit more downbeat despite higher net
Speaker 1: interest margins um you're seeing some companies able to pass
Speaker 1: on some of the costs, which is why we're seeing
Speaker 1: these inflation numbers. And I don't think we've seen enough
Speaker 1: which increases. And again it might depend on the segment
Speaker 1: and on the and on the sector for that to
Speaker 1: have an impact on margins for the businesses. Today, only
Speaker 1: about thirty seconds left here. St Are you turning defensive
Speaker 1: in terms of what you're advising your clients or do
Speaker 1: you think growth stocks can continue to outperform. I think
Speaker 1: there's still potential for growth stocks. We've had a barbell
Speaker 1: approach and we're keeping it. We think tech is going
Speaker 1: to come back and demand investors look for quality and
Speaker 1: sustainable earnings, and that again might take a little bit
Speaker 1: of time, but it should feed through throughout the whole
Speaker 1: of the year. Thanks so much, great having you with
Speaker 1: us this morning. Hope you have a good weekend. St.
Speaker 1: Dwack with us now for much Flow Bank, the chief
Speaker 1: investment officer over at Flow Bank, looking ahead to the
Speaker 1: market open. SMP futures are moving higher. We're by ten
Speaker 1: points on the SNP EM and he's now futures up
Speaker 1: a hundred four points, Nasdaq futures higher by thirty eight points.
Speaker 1: The tenure Treasury right now is down four thirty seconds.
Speaker 1: The yield two point six seven percent yield on the
Speaker 1: two year two point five one NIMEX crude is up
Speaker 1: nine tenths per cent, up eighty four cents ninety six
Speaker 1: dollars eighty seven cents a barrel. And look at a
Speaker 1: bitcoin little change right now around forty three thousand, five
Speaker 1: hundred dollars. You're listening to bloom Bird day break